Access Financial Services Inc. Boosts Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Access Financial Services Inc. raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,779 shares of the company’s stock after purchasing an additional 254 shares during the period. Access Financial Services Inc.’s holdings in Cboe Global Markets were worth $1,520,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in CBOE. McElhenny Sheffield Capital Management LLC bought a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $533,000. HB Wealth Management LLC lifted its position in Cboe Global Markets by 11.0% during the fourth quarter. HB Wealth Management LLC now owns 3,839 shares of the company’s stock valued at $750,000 after purchasing an additional 379 shares during the last quarter. Trust Co. of Vermont grew its stake in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after buying an additional 400 shares in the last quarter. USA Financial Formulas bought a new stake in shares of Cboe Global Markets in the 4th quarter worth about $182,000. Finally, Burney Co. raised its position in shares of Cboe Global Markets by 8.2% during the 4th quarter. Burney Co. now owns 6,891 shares of the company’s stock valued at $1,347,000 after buying an additional 523 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE opened at $194.78 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $20.39 billion, a P/E ratio of 26.54, a P/E/G ratio of 1.96 and a beta of 0.68. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The stock has a 50-day moving average price of $200.89.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Friday, November 29th. Cboe Global Markets’s dividend payout ratio is presently 34.33%.

Analyst Upgrades and Downgrades

CBOE has been the topic of several analyst reports. Barclays reduced their price objective on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. StockNews.com lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. William Blair assumed coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating for the company. Oppenheimer reduced their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Finally, Jefferies Financial Group lowered their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $198.83.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.